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MWI Veterinary Supply Inc (NAS:MWIV)
Days Payable
54.38 (As of Sep. 2014)

MWI Veterinary Supply Inc's payable for the three months ended in Sep. 2014 was $417 Mil. MWI Veterinary Supply Inc's cost of goods sold for the three months ended in Sep. 2014 was $700 Mil. Hence, MWI Veterinary Supply Inc's days payable for the three months ended in Sep. 2014 was 54.38.

MWI Veterinary Supply Inc's days payable declined from Sep. 2013 (55.81) to Sep. 2014 (54.38). It may suggest that MWI Veterinary Supply Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

MWI Veterinary Supply Inc's Days Payable for the fiscal year that ended in Sep. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=417.388/2609.725*365
=58.38

MWI Veterinary Supply Inc's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=417.388/700.369*365 / 4
=54.38

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

MWI Veterinary Supply Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
DaysPayable 59.3558.1759.2963.0753.3162.9649.0152.2357.8958.38

MWI Veterinary Supply Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 44.0848.8749.0847.8353.3155.8151.4854.1448.0354.38
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